LOL is a unique platform merging the AI technology onto a blockchain and a fun-filled environment where users must share their laughs to earn rewards. The platform is creating a unique space for entertainment, creativity, and decentralized user engagement on top of a fun-driven functionality. An active project in the meme space, LOL has Happy Mining and LP Mining mechanisms that are turning joy into real value. The platform allows users to earn rewards through their emotional and social interactions.
Key Elements of LOL and Their Interactions
LOL represents the fusion of meme culture and merges it with a global technological phenomenon. Built on the lines of other popular meme coins like Dogecoin and Shiba, LOL combines meme culture with blockchain technology. In this, the platform offers two types of mining;
- Happy Mining: The LOL project leverages AI technology to convert a user’s emotional experiences into value. Users participate in Happy Minig through the official Telegram channel and showcase their laughter, videos, or images. The AI model integrated here analyzes the level of happiness and allocates rewards accordingly. There’s a 24-hour mining cycle, where users earn rewards up to three times in each cycle for free. For additional mining cycles, the users must own an NFT.
- LP Mining: The second mining type of the LOL project enables users to earn rewards by providing liquidity to the platform through decentralized exchanges (DEXs). The LOL project has kept aside 25% of the LOL token supply for LP mining. Users are rewarded according to the liquidity they provide to the platform, and the acceleration parameters depend on the NFTs. While the users benefit from liquidity provisioning, the platform also offers profit from decentralized finance and community interactions.
- LOF NFTs: NFTs act as acceleration tools for Happy Mining and LP Mining, and they also enhance a user’s earning potential. Moreover, every LOL NFT is sold as an acceleration pass card, which users can acquire through mystery boxes. Each mystery box has some unique attributes and provides different boost levels.
Ownership of LOL NFTs provides a mining boost separately for each type of mining. For Happy Mining, each NFT provides a 1% to 100% increase in earnings during Happy Mining. This allows users engaging in Happy Mining to earn additional rewards by demonstrating their laughter.
Similarly, LOL NFTs also offer a 1% to 100% acceleration effect and help users earn faster returns and higher rewards in liquidity mining. As stated earlier, ownership of LOL NFTs also provides additional attempts in Happy Mining, specifically 1 to 3 additional attempts per day.
Until now, four rounds of LOL NFT sales have been completed, and in all rounds, every NFT has been purchased by the community. The last 5th Round is remaining and the details of the same will be shared in due time.
As the project develops further, the NFT holders and LOL project community will continue to earn additional rewards and also receive special identity recognition. As more people join the platform and participate in NFT trade, their value will increase, making them an important asset for the ecosystem.
The LOL Happy Bot
The LOL Happy Bot helps users earn LOL tokens, which signifies a strategic milestone in the project’s growth. It’s the bot that is realizing the blend of utility, technology, and entertainment.
The bot offers a wide range of interactive features for a better user experience. These include mining, using referral bonuses, and creating custom groups to explore different engagement options.
The bot is integrated with AI, which evaluates the laugh and scores the same. Users must first join the Telegram-based bot channel and then enter the Happy Mining portal. After recording their laughter audio, they will be given a score between 0 and 10.
For instance, a laugh with a score of 8 receives 76,000 LOL tokens. Since every user has three mining chances, each one can only send a laugh three times. However, additional attempts are allowed by buying an NFT and referring friends.
The most recent quest by the LOL Project team is the $LOL Showcase, where the users must show their $LOL holdings to win $LOL. By 17th November, 12:00 PM UTC, users must share a screenshot of their $LOL holdings. Users must share the holdings in the comments of the official tweet along with the ETH address. The LOL Project team will randomly pick 20 lucky users who will receive $LOL tokens.
